Say CHEESE everyone. :) As Facebook and Yahoo recently demonstrated, video streaming apps are the hottest new app category. But last night I found out that the real, bleeding-edge video chat action is happening on an little known website called Blab.im, where four people can video chat simultaneously as an audience watches, comments and can instantly switch places with one of the four video chatters. SEE ALSO: Facebook launches live streaming, but only for famous people To participle as a video chatter in one of the squares — which I can’t help thinking looks like a 21st century Brady Bunch panel (translation = very fun) — you sign in with your Twitter credentials. Afterwards, when someone clicks on your name in Blab, they see the handle and bio you’ve already entered on your Twitter bio. When a new video chatter attempts to join the four-person chat, the creator of a Blab can choose to accept or deny entry. And as the video chat plays out, the moderator can let the live chat disappear into the ether when it’s over, or hit record to save the chat for others to view later. blab.im IMAGE: BLAB.IM In a way, the app feels kind of like Meerkat or Periscope for groups. In fact, many users I encountered last night said they were heavy users of both apps, and more than a few users said that they were enjoying Blab more as a social tool. Read more: http://ift.tt/1nlSG1P